Illinois Code § 20 ILCS 3115/1

Counties, cities, villages, incorporated towns, and other municipal
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corporations, political subdivisions and public bodies, and public officers
of any thereof, all banks, bankers, trust companies, savings banks and
institutions, building and loan associations, savings and loan
associations, investment companies, insurance companies and associations,
and all executors, administrators, guardians, trustees and other
fiduciaries may legally invest any sinking funds, moneys, or other funds
belonging to them or within their control in any bonds issued pursuant to
"An Act to create the Illinois Building Authority and to define its powers
and duties," approved August 15, 1961.

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